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Topic: If there is a war between the US and Europe, Bitcoin will hit $1 billion (Read 376 times)

legendary
Activity: 2660
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In my opinion, if a war occurs there will be a prolonged monetary crisis, crypto prices will fall drastically because many banks will close withdrawals. This will have an impact on crypto, crypto will rise but it will seem worthless because many exchanges will refuse withdrawals, everything will be chaotic and long term.
Exactly man. It should be the opposite that happens or the negative ones, and not the positive. It's not that the banks were closed but many of them will get destroyed through the wars.

But for those who are unaffected, they will still continue to operate because they know that other banks are not available. Another reason on why cryptos will fall down hard is because of what we said earlier. Therefore people will try to use their cryptocurrencies instead when availing something. And Why would the cryptocurrency exchange refused withdrawals when they are only operating online? lol. No wars are going to affect them like the physical banks.
hero member
Activity: 826
Merit: 583
In my opinion, if a war occurs there will be a prolonged monetary crisis, crypto prices will fall drastically because many banks will close withdrawals. This will have an impact on crypto, crypto will rise but it will seem worthless because many exchanges will refuse withdrawals, everything will be chaotic and long term.

what if the scenario changes to the mass use of Bitcoin? This will not only increase the value of Bitcoin but will also influence the increase in Bitcoin adoption which I believe is almost all over the world.
we know right now we are just imagining the situation. I didn't expect the war to occur on a larger scale. what is happening now is quite disturbing and if there is a bigger war, there will be many people who will be harmed.

Bitcoin may rise, but I hope it doesn't happen because of a war.
hero member
Activity: 2632
Merit: 787
Jack of all trades 💯
In my opinion, if a war occurs there will be a prolonged monetary crisis, crypto prices will fall drastically because many banks will close withdrawals. This will have an impact on crypto, crypto will rise but it will seem worthless because many exchanges will refuse withdrawals, everything will be chaotic and long term.

We don't know what will be the actual scenario to happen but if bank will close it service then provably bitcoin will be one of the option of people to pay of their goods or other use so still it can benefit bitcoin on other cause. We cannot automatically say that scenario will be worthless since provably to many people will discover the potential of bitcoin especially for good transaction so this coin can get a great exposure among the crisis happening.

Remember that bitcoin supply is limited and if those countries which affected of the war will make bitcoin as alternative currency while they are economically struggling then for sure we can see a possible great rise. But as I said we are just speculating so no right answer we can get here since for sure what people think about is just pure based on their opinion regarding on what will be the possible scenario to happen when war between those country will happen.
sr. member
Activity: 2338
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In my opinion, if a war occurs there will be a prolonged monetary crisis, crypto prices will fall drastically because many banks will close withdrawals. This will have an impact on crypto, crypto will rise but it will seem worthless because many exchanges will refuse withdrawals, everything will be chaotic and long term.
EFS
staff
Activity: 3822
Merit: 2123
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If such a war breaks out, which it won't with NATO in place, the price of Bitcoin against the dollar won't be at the forefront of my thoughts. I will think about nothing else but the survival of me and my environment. I hope there are fewer wars and we don't have to think about such things. It's nice to occasionally brainstorm in the face of such catastrophic scenarios but this is not it, gentlemen.
sr. member
Activity: 1316
Merit: 356
If there is a war between the US and Europe, Bitcoin will hit $1 billion

Most of the world's banks, whether big or small, are located in the US and Europe, In case of war, all banks will be closed, Which will immediately benefit Bitcoin, The price of bitcoin will increase infinitely, Many banks will quickly print dollars and euros to buy cryptocurrency quickly, This will have a huge impact on Bitcoin as there will be no other source for cross-border transactions. Remember that most of the world's banks are located in the US and Europe, while 20-25% of them operate in Asia and other regions.
I don't think Bitcoin will reach $1 billion. It must first hit $100,000 before moving on to $1 million. I can't image what the market cap will be if the price ever reaches $1 billion. I recall what occurred to the FX market when there are natural disasters or wars, which have a large impact on the market as well as in crypto, either positively or negatively . People will undoubtedly take advantage of the circumstance. However, there is a very minimal probability of a US-EU war occurring because there is no logical reason to do so, and doing so would be a waste of their resources.
legendary
Activity: 966
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Hehe, first of all, dear hopes are too high wether its US vs EU or anything else even if its earth vs the moon or alien vs Humans haha, secondly OP there's no such situation going to happen as you are trying to imagine or idealize in you zone.

Haha in the end just a bit of a toxic comment you should take care of your health.
hero member
Activity: 952
Merit: 552
If there is a war between the US and Europe, Bitcoin will hit $1 billion

Are you sick? Is everything alright at home?  Shocked

If US and Europe are at war, trust me when I say more than half of the stock market will crash and that crashes, bitcoin will not be left out in the mud, you should have learn half of this lesson during the Corona Virus spread and how the world was trying to survive, despite the fact that health facility and drugs were coming from these places, half of the world was sinking. It was grace of the lord we survived that era and now you think these two will go to war and bitcoin will jump up? From where will the money comes from my friend?

Quote
Most of the world's banks, whether big or small, are located in the US and Europe, In case of war, all banks will be closed, Which will immediately benefit Bitcoin, The price of bitcoin will increase infinitely, Many banks will quickly print dollars and euros to buy cryptocurrency quickly, This will have a huge impact on Bitcoin as there will be no other source for cross-border transactions. Remember that most of the world's banks are located in the US and Europe, while 20-25% of them operate in Asia and other regions.

The US are smart enough to be where they are today and Europe are not little in advancement but don't let movies deceive you, there is more to what we don't know that are been display on movies. In fact, movies are fictional and most of the things display might not be what is shown, the real things happened underground.

You statements are not factual, just too much thinking, imagination and obsession with bitcoin price. Do you even know how much needed to be printed for Bitcoin price to reach $1B? Please do the maths and educate me but I know that you have to multiply a billion by 21 million to get the total market cap of bitcoin, that is going to be insane and I doubt it if the total amount of money in the world circulation is enough to beat that market cap, you need to wake up from that dream.

sr. member
Activity: 1008
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I do not think that there would be a war is needed to pump bitcoin toward a big value. I mean, even I am not convinced to speculate $1B for one bitcoin, I do always confident about multi million dollar value for one bitcoin in short term (in next 10+ years of time or after 3 more halving). Considering a situation where USA and Europe will be on war, what I am going to do with a billion dollar worth bitcoin. I mean I want bitcoin to be valuing 1 B dollar but for a spendable world and not into a world where war tears up everything.

I wish bitcoin to be valued big but not through war kind of sinful way. I want peace and high value bitcoin to lead my retirement life simple and peaceful.

Do imagine a life of holding a billion dollar worth of bitcoin but in a world where no power or internet is not working due to war consequences. IMO, life will be good only when we have everything else will be same as today but bitcoin alone will be valuing too big.
Thinking of war for the price of Bitcoin to skyrocket doesn't make any sense. Op need to reconsider his word because a war between America and the European could lead to world war because the Russia federation that we know would be forced to support the European countries so that she can gain more close and affiliation with them to fight the United States. We should not even think of war at this moment. There had been so man wars going on and that had not affected the price of Bitcoin to skyrocket but the pandemic that triggered the price of Bitcoin to go bullish.
hero member
Activity: 2870
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What would happen to the world economy if all banks were to close? We know that the US, Europe, and China play important roles in the world economy. And if all the banks were to close, it would throw the economy into chaos and I'm not sure that would make bitcoin take off quickly.
The government must first consolidate with other countries that want to use bitcoin as another source for cross-border transactions. And that will take time.
Meanwhile, the crypto market is also influenced by the world market, so the war that is taking place may affect the crypto market too.
I don't want to see a big war like World War happen again because it will have a broad impact on all countries because big countries will use biological weapons and modern weapons to win the war.
hero member
Activity: 1974
Merit: 534
If there is a war between the US and Europe, Bitcoin will hit $1 billion

Most of the world's banks, whether big or small, are located in the US and Europe, In case of war, all banks will be closed, Which will immediately benefit Bitcoin, The price of bitcoin will increase infinitely, Many banks will quickly print dollars and euros to buy cryptocurrency quickly, This will have a huge impact on Bitcoin as there will be no other source for cross-border transactions. Remember that most of the world's banks are located in the US and Europe, while 20-25% of them operate in Asia and other regions.

What? How do you come up with this stuff? First of all there is not going to be a war between Europe and USA. Why should there a war between western countries when the tensions are high between the middle east, China and Russia? There are so many big wars more likely than a USA vs Europe war. Secondly, why would central banks be buying bitcoins and other cryptos? It might be the case that the people lose all their trust in Euros and Dollars and would start buying cryptos. But once the price sky rockets I don't think it's going to keep attracting more investors. Also a war is never a permanent situation, eventually the war will be over and things will go back to normal. A price of 1bn for BTC seems unrealistic, even with high inflation for a few years.
legendary
Activity: 3654
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I do not think that there would be a war is needed to pump bitcoin toward a big value. I mean, even I am not convinced to speculate $1B for one bitcoin, I do always confident about multi million dollar value for one bitcoin in short term (in next 10+ years of time or after 3 more halving). Considering a situation where USA and Europe will be on war, what I am going to do with a billion dollar worth bitcoin. I mean I want bitcoin to be valuing 1 B dollar but for a spendable world and not into a world where war tears up everything.

I wish bitcoin to be valued big but not through war kind of sinful way. I want peace and high value bitcoin to lead my retirement life simple and peaceful.

Do imagine a life of holding a billion dollar worth of bitcoin but in a world where no power or internet is not working due to war consequences. IMO, life will be good only when we have everything else will be same as today but bitcoin alone will be valuing too big.
sr. member
Activity: 1008
Merit: 366
I don't know why some no persons do think that the war will make the price of Bitcoin to skyrocket which is not so. We need to stay positive in the market and we should not think of something that is bad to happen for the price of Bitcoin to skyrocket. Surely the price of Bitcoin would keep going up and down but asking for a war between Europe and the United States does not make any sense. We need to be careful and make sure that we don't do what will cause bigger problem to the world for us to gain big from the market. I don't know why op can not think of positive ways.
People have no limitation when it comes to imagination and they can imagine whatever they like. But to imagine something horrible in order to gain something in return is a foolish choice. What about people's life? You may or may not survive the outcome if a war breaks out between US and UK. It's not going to affect only those, but everyone in the world. But it is good to take precautions for both scenarios. You win some and you lose some. But when the price you have to pay is much higher, it is better not to think about it.

What was never and will never be a good thing. It only causes trouble for innocent people and in the end the powerful one lives to tell the history. Bitcoin has become what it is today little by little. I hope it continues to do so without anything as horrible as war.
legendary
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Wait wait we might as well also think of scenario when they discover a huge gold asteroid and go to war China US, Bitcoin will flip gold abd overtake market cap, and dollar will devalue so badly Bitcoin will be 1 trillion dollars.

I like thinking of situations like everyone else but Bitcoin has trouble with $100k at today's value. What's the point of thinking of billions?
hero member
Activity: 1148
Merit: 518
And with that, $1B will also be worthless. Have you really realized the repercussions of a war in the grand scheme of things? It's not only the economy that is at stake but also millions of lives. People have always been theorizing about a possible 3rd world war, but in reality, no one will ever want that to happen, nor would there be anyone who's really willing to fight a war that isn't really needed.

Bitcoin could be the least of your concern if US and EU were to declare war with each other. It should be your survival.
We have no control of the market because it's filled with high volatility and everyone would keep suspense in actions. Wars ends up really devastating for a country, it's really not improving to watch how things will become very tight and pretty rough on the end of people. People are behind the pump and dump of the market, these are not just ordinary people, rather they're the top investors in the system, they have clue on how to control the market in both good and bad ways. Bitcoin have stand tall in crucial periods in the heavy dump of the crypto market. There's a whole thing to deal when one have concerns with the market.
sr. member
Activity: 2086
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What are the crazy question about war between US and Europe, all Europe country are partner with United State and impossible have war because each of them each have their own interests in business. But have one Europe country Russia is the against for Unite State but they don't have good relation until right now because Russia never allow what the rule from  United State. Better read all bilateral relations between Europe country and United State because many of them as the best partner.
What ever conflict interest in the future I don't think have negative side with bitcoin but there are less potential with bitcoin will raise above $1 billion in the future. War invasion right now not really impact drastically with bitcoin price because when Russia invasion to Ukraine there are not significant with bitcoin price up or down.
legendary
Activity: 1848
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A meaningless imaginary scenario. Firstly, there is no possibility at the present time for a war to occur between the United States and Europe. On the contrary, they are allied politically and economically.

Also, even if this imaginary war occurs, the price of Bitcoin will not reach a billion dollars. This is impossible unless the value of the dollar collapses to unreasonable limits. Of course, the price of Bitcoin will rise because people in wars resort to replacing paper money with valuable things, and Bitcoin and gold will be the best options. But this number cannot be imagined.
legendary
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LOL, your imagination is so high that think of the war between the US and EUROPE and even think of Bitcoin reaching $1 billion.
I don't even think that number will actually be achievable even if the US and Europe go to war.

Just look at how the US complicity with the Gaza Genocide carried out by Israel,
Bitcoin has always been a scapegoat that the opposing party received funds through Bitcoin and imposed many rules on Bitcoin.

You think too extreme, don't wait for the war so that the price of Bitcoin rises higher than it is now.
What Bitcoin needs is real adoption, real use, not about how war affects or not.
War will only bring suffering and bring other revenges.
legendary
Activity: 3542
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And with that, $1B will also be worthless. Have you really realized the repercussions of a war in the grand scheme of things? It's not only the economy that is at stake but also millions of lives. People have always been theorizing about a possible 3rd world war, but in reality, no one will ever want that to happen, nor would there be anyone who's really willing to fight a war that isn't really needed.

Bitcoin could be the least of your concern if US and EU were to declare war with each other. It should be your survival.
legendary
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Wait wait wait, he's on to something lads. He's on something expired. Are you ok mate? $1 Billion for BTC and that because of a war between the US and Europe? Seems like a fairy tale with a horrible ending. Every war leads to inflation and a bad economy all over the world. When the 2 most powerful things in the world get involved in a war, how much damage could that do, have you thought about that?

War always has a negative impact on everything. So it could also lead to an opposite circumstance. Have you thought about that?
I don't know why some no persons do think that the war will make the price of Bitcoin to skyrocket which is not so. We need to stay positive in the market and we should not think of something that is bad to happen for the price of Bitcoin to skyrocket. Surely the price of Bitcoin would keep going up and down but asking for a war between Europe and the United States does not make any sense. We need to be careful and make sure that we don't do what will cause bigger problem to the world for us to gain big from the market. I don't know why op can not think of positive ways.

in the first place, such event won't occur or less likely to happen. but on the note of bitcoin's price increase in a tremendous manner, it may or may not happen in such war scenario. how ca you spend your btc if there is no net or no means to transact with? there are other considerations as well before bitcoin will reach its new ATH for this matter.

inflation is the usual dilemma during war period. but it is known that gold price usually shoots up its price during this kind of situation. i would say, you can also store gold as your tangible assets during this period. also, one can think of storing your essentials and other needs, so as not to be largely affected by increasing commodity prices.
hero member
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Wait wait wait, he's on to something lads. He's on something expired. Are you ok mate? $1 Billion for BTC and that because of a war between the US and Europe? Seems like a fairy tale with a horrible ending. Every war leads to inflation and a bad economy all over the world. When the 2 most powerful things in the world get involved in a war, how much damage could that do, have you thought about that?

War always has a negative impact on everything. So it could also lead to an opposite circumstance. Have you thought about that?
I don't know why some no persons do think that the war will make the price of Bitcoin to skyrocket which is not so. We need to stay positive in the market and we should not think of something that is bad to happen for the price of Bitcoin to skyrocket. Surely the price of Bitcoin would keep going up and down but asking for a war between Europe and the United States does not make any sense. We need to be careful and make sure that we don't do what will cause bigger problem to the world for us to gain big from the market. I don't know why op can not think of positive ways.
sr. member
Activity: 882
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Most of the world's banks, whether big or small, are located in the US and Europe, In case of war, all banks will be closed, Which will immediately benefit Bitcoin, The price of bitcoin will increase infinitely, Many banks will quickly print dollars and euros to buy cryptocurrency quickly, This will have a huge impact on Bitcoin as there will be no other source for cross-border transactions. Remember that most of the world's banks are located in the US and Europe, while 20-25% of them operate in Asia and other regions.

I don't know what makes you imagine that America and Europe will go to war because they are quite close so it would be very strange if America and Europe went to war, maybe it would be more logical if America and Russia went to war, or America and China. But no one wants a war between us because if that happens then the results will be worse than any war that has ever happened before and I can't imagine that happening.

Moreover, when there is a war, whatever the price of Bitcoin at that time, not many people care, security and life are more important than anything. Printing money to buy bitcoin?? It's not that easy guys, the financial system will collapse if this is done and inflation will get worse because of the impact of war and money printing. I think the financial system is very complicated and if there was a big war it would be even more difficult
sr. member
Activity: 924
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OP, I don't know where and how you draw your analysis from, that if a war between the USA and Europe happens, bitcoin will hit $1 billion. Before we start to analyze the effect of the war on bitcoin price, let's start by analyzing the war between Russia and Ukraine that has been going on for years now. Has the bitcoin price gone above or close to $100k because of that? If it has, you let us know so that we can begin to have an assumption for war or pray for war to be happening so that we can see the bitcoin skyrocketing in price because of war(lols). Aside from that, OP, let's come to reality, before bitcoin gets to $1 billion, if it would have first of all gets to hundreds of thousands, millions of numbers before we could think of a billion-dollar price
legendary
Activity: 1918
Merit: 1018

Without war, bitcoin remain an asset of value.

Precisely bitcoin doesn't need war to be a dominant currency, it's a valued decentralized digital currency, so with time it'll take it's rightful place at the top. The adoption is increasing everyday, individuals, corporate organizations and countries are accepting it because it's a valued asset.

I think perhaps what  the OP meant was if there is financial instability in Europe and America, bitcoin will hit $1billion, it shouldn't be because of war, because no reasonable person will want bitcoin to dominate because of war. Bitcoin and fiat can coexist, no need for one to extinct so the other will dominate.

Less than 30 years old consider Bitcoin as a valuable alternative asset so as they get richer, they'll pour money into bitcoin.

The rate of increase of btc is about 900BTC per day and decreases in half every 210,000 blocks so every about 4 years, next time is in 2024. Some of the 900BTC is saved.
For example, if half is sold and the price is 100k$, it's 45m$ of liquidity needed per day so 16,4B$ a year.
Global GDP is 100 trillions $ so 16,4B$ is 0,016% of the current global GDP.
legendary
Activity: 2884
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And if everyone starts to nuke each other we are going to have 1 trillion dollar per bitcoin! wohoooo! If the us and Europe ends up attacking each other, what the price of bitcoin is could be probably the lowest amount of situation we are going to have, it is not going to really be cared at all and ignored completely. We are talking about a situation where it is literally two of the major powers attacking each other.

This is why I believe that we are going to end up with a good return without a doubt, it is definitely going to end up with something that should be profitable one way or another for "some" people obviously but it is going to be death to tens of millions of people, thinking about price of bitcoin about something like this is horrible.
legendary
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Haha, what kind of weird speculation or say imagination, OP i have a few questions, In a large-scale war are you expecting gains in the Bitcoin? Do you think there will the availability of the Internet? In such crucial times do you really think people will believe in the risk investment market? Do you really think they'll prefer Bitcoin over Gold in a war-like crisis where Bitcoin's adoption is still under question?

Hmm, I dont think so, in such a crisis era people never invest, they save the utilize the hard cash and assets they own, and in such a crisis all over the globe risk investment markets face a massive drop due to uncertain global economic situations. Secondly, Bitcoin is too good I want Bitcoin to be the primary currency, and I want to see Bitcoin be globally accepted but dear we are far away from such an era, at least in the coming 10 years I cant see any universal status of Bitcoin ETF's are a big move but still we are not that close to the street t street adoption.

$1B over a Bitcoin is not a big deal because at that time we won't care about the fucking USD, the whole economic valuation will be in the Satoshi or Bitcoin's unit. Who will care about USD when they are making their transaction in Bitcoins (mbtc, satoshis).

Get out of the matrix if you really want a decentralized payment mode/currency stop caring about how much BTC is worth in USD better think about 1BTC = 1BTC and it will be always the same, start accumulation.
sr. member
Activity: 1008
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Wait wait wait, he's on to something lads. He's on something expired. Are you ok mate? $1 Billion for BTC and that because of a war between the US and Europe? Seems like a fairy tale with a horrible ending. Every war leads to inflation and a bad economy all over the world. When the 2 most powerful things in the world get involved in a war, how much damage could that do, have you thought about that?

War always has a negative impact on everything. So it could also lead to an opposite circumstance. Have you thought about that?
legendary
Activity: 3178
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EU doesn't have the appetite for war. but it's not gonna send BTC to $1B if they are at war. but i may also think the price will rocket up tremendously as everyone will be trying to save up their wealth for safety while the governments turn dystopian forcing citizens to join the war.

but would you want to have a war because you want the BTC price to go $1B? it sounds very selfish.
sr. member
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If there is a war between the US and Europe, Bitcoin will hit $1 billion

Most of the world's banks, whether big or small, are located in the US and Europe, In case of war, all banks will be closed, Which will immediately benefit Bitcoin, The price of bitcoin will increase infinitely, Many banks will quickly print dollars and euros to buy cryptocurrency quickly, This will have a huge impact on Bitcoin as there will be no other source for cross-border transactions. Remember that most of the world's banks are located in the US and Europe, while 20-25% of them operate in Asia and other regions.

I don't know what pill you ate last night but with your scenario (banks will quickly print dollars and euros to buy cryptocurrency), even if it really happens then the USD and EUR will be worth same as the Zimbabwean dollar in 2006 where Z$1, 000,000 = 1 USD or maybe worse.
We havent talked about what will happen after the Nuke war yet.
So, forget to become a rich guy with this scheme or the theory that 1 Shiba Inu will become $1 on your previous thread.
hero member
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OP, you are only imagining too much. As far as I can tell, war doesn't create any good impact in the country where it's happening, and there is no reason to feel convinced that a war between the two countries you mentioned will cause the Bitcoin price to surge. Take the example of the Ukrainian War. What impacts did it have on the price of Bitcoin? What effect did the pandemic of 2020 have on Bitcoin? I know that if Bitcoin continues to exist, it will definitely reach $1 billion but if it will swiftly get there, its if their is any positive global event that has taken place, otherwise it will be a gradual growth.
hero member
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A war between two nuclear countries means the end of the world, let alone an alliance between countries, some of which have nuclear warheads sufficient to wipe out the world. Nuclear wars do not have economic gains behind them, and I do not think that we will think about Bitcoin as much as we will think about how to get a safe place and good food and drink, and COVI-19 pandemic has proven that Bitcoin still reacts negatively to negative global events.
member
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Quote
If there is a war between the US and Europe, Bitcoin will hit $1 billion

I have wrote this reply before but seems your post got deleted but my reply still remain what is written below.

You could also be wrong. Before Bitcoin will hit $1 billion it's not going to happen so suddenly. Bitcoin doesn't need a war between US and Europe for it to sell for $1 billion, if at any time it the future it's actually the time that Bitcoin will get the price you mentioned, it will without war. War is not good, it can have bad effect in the life or people both children and adult and it can also disrupt the economy at that moment. Even if such an unforseen occurrence takes place bitcoin might not even get to the price you are mentioning.
sr. member
Activity: 588
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Without war, bitcoin remain an asset of value.

Precisely bitcoin doesn't need war to be a dominant currency, it's a valued decentralized digital currency, so with time it'll take it's rightful place at the top. The adoption is increasing everyday, individuals, corporate organizations and countries are accepting it because it's a valued asset.

I think perhaps what  the OP meant was if there is financial instability in Europe and America, bitcoin will hit $1billion, it shouldn't be because of war, because no reasonable person will want bitcoin to dominate because of war. Bitcoin and fiat can coexist, no need for one to extinct so the other will dominate.
legendary
Activity: 1918
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If things are good and regulators are not fighting bitcoin too much, some of the wealth created goes into btc and people having btc don't sell.

If things are bad AND they print a lot of currency, the nominal price of btc will rise but it may not buy more stuff because we'all be poorer as a result of money being spent on war and destruction. It will only partially protect you to be in btc or gold.
hero member
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Most of the world's banks, whether big or small, are located in the US and Europe, In case of war, all banks will be closed, Which will immediately benefit Bitcoin, The price of bitcoin will increase infinitely, Many banks will quickly print dollars and euros to buy cryptocurrency quickly, This will have a huge impact on Bitcoin as there will be no other source for cross-border transactions. Remember that most of the world's banks are located in the US and Europe, while 20-25% of them operate in Asia and other regions.
If 1 BTC is worth $1 Billion then the number of billionaires on earth will increase just like the number of millionaires are increasing now. And the upper people sitting in finance don't want it because they don't want lower class people to go up using this technology even if many already reached the step of $1 million dollar using this technology but the gap between $1 million to $1 billion is not small.

There is no way that BTC could reach that point because to touch that point millions, billions, trillions of money should be added in BTC's market cap. As of today market cap is around $815 billion and in my opinion, the market cap should be around $20 trillion for BTC to touch the $1 billion target per coin. And gaining a $20 trillion market cap is not an easy thing.

In the war other than banks many other sectors of life will also be destroyed and not to mention that most of the nodes are in these regions and if the electricity is gone due to war and no internet will be provided or if mining machines will be destroyed in the war, then the network will become more congested and speed will be slower than before.
sr. member
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If bitcoin increases in price due to war then we don't need such increase because war is not an event or anything else that will just increase the price of bitcoin and will then stop but because of war the economy of every country disturbed and the life of humans are in danger. Bitcoin price can also be increases without the need of war so why we always think negatively for increasing bitcoin price as good news and good events possess the power to boost the price of bitcoin as is happening these days and bitcoin reaches to the value of 42k$.
hero member
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I don't know if they are up to that I'm sure there is something to fight about. But EU has more problems with Russia than with US.

But even if let's say one rogue country from the EU starts unloading warheads, $1B/BTC looks too much to achieve. They will stick to buying Gold as you can see how much gold has been pumped in weeks. For governments, it is always gold that backs money.
hero member
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Most of the world's banks, whether big or small, are located in the US and Europe, In case of war, all banks will be closed, Which will immediately benefit Bitcoin, The price of bitcoin will increase infinitely, Many banks will quickly print dollars and euros to buy cryptocurrency quickly, This will have a huge impact on Bitcoin as there will be no other source for cross-border transactions. Remember that most of the world's banks are located in the US and Europe, while 20-25% of them operate in Asia and other regions.
Your prediction is so impractical because if a war starts between Europe and the US, not only banks will be affected. Most of the BTC nodes and Mining rigs are also placed in these two countries, so they will be affected by this war too. This means we might see fewer miners on the blockchain network but transactions might exceed the normal usage. Because banks will be closed and to make transactions they have to use something. However, due to fewer processing systems in the BTC blockchain, the network will become congested.

And we have to wait so long for our transactions to be confirmed. But in this scenario, the price of BTC will increase but it is so unlikely for BTC to reach 1$ billion because 1$ billion is not an easy target even if there starts a war and everything goes like you said, BTC will not touch that target.
full member
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PredX - AI-Powered Prediction Market
If there is a war between the US and Europe, Bitcoin will hit $1 billion

Most of the world's banks, whether big or small, are located in the US and Europe, In case of war, all banks will be closed, Which will immediately benefit Bitcoin, The price of bitcoin will increase infinitely, Many banks will quickly print dollars and euros to buy cryptocurrency quickly, This will have a huge impact on Bitcoin as there will be no other source for cross-border transactions. Remember that most of the world's banks are located in the US and Europe, while 20-25% of them operate in Asia and other regions.

Are you okay? It's like you forgot to take your medicine, friend. If others are predicting that it will be 5 million dollars per bitcoin, and of course before that happens, it will take several decades, and we don't know if we're still alive, then now you say it will be 1 billion dollars per bitcoin.

As you said, are you sure that all the banks will buy Bitcoin immediately? You must have a credible source link to hold on to so that other people believe what you are fighting for, even though I know that is just your assumption.
sr. member
Activity: 1106
Merit: 391
If there is a war between the US and Europe, Bitcoin will hit $1 billion
-snip-

Why are the US and Europe at war anyway lol. And what's more, the war made the price of Bitcoin reach 1 billion USD? too much nonsense here. You should learn more about war and how it impacts the economic world, then you can understand that war will only destroy the economy and it will have a huge impact on the investment market, especially cryptocurrency.
legendary
Activity: 2912
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Blackjack.fun
Most of the world's banks, whether big or small, are located in the US and Europe, In case of war, all banks will be closed, Which will immediately benefit Bitcoin,

Oh yeah!
Once all banks are closed people will rush to buy Bitcoin with...what?
Reminds me of that Cyprus crisis when people who had their accounts frozen where supposed to use that money to buy BTC!

But seriously 1 billions people at war, 50% of the world GDP at risk and you think magically 18 trillions will fly into BTC?
How delusional can some be?

This will have a huge impact on Bitcoin as there will be no other source for cross-border transactions.

With countries at war bombing and killings each other, why would you want to send money to the other side?
How many users use bitcoin to
- send money from Ukraine to Russia?
- send money from Israel to Iran?
Bitcoin touches a new high price and suddenly people are having a field day smoking whatever fails in their hand, even if it's lead paint.
legendary
Activity: 2268
Merit: 1379
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Well theres plenty of way to make that goal without using war isnt it. Thats a pretty bad omen or wishful thinking. War is inevitable but as much as possible I wouldt rely on that aspect. It can boost the currency of bitcoin but that isnt good way to boost it. Though it will literally help increases as investment on shares or stocks might flop due to war and tend to crypto instead as hedge fund. But a no no no.
hero member
Activity: 1442
Merit: 775
Like this prediction?

Balaji Srinivasan Explains $1M Bitcoin Bet Rationale, Says Could Take Longer Than 90 Days.

If Bitcoin can skyrocket to $1M, there would be something really massive happens globally and in such scenario, $1M will not have too much purchasing power. Your prediction is $1B and the scenario for it too happen is a World War III. Honestly, who is living on Earth want to see a World War III?

I will wish that Bitcoin will not hit $1B but there will be no World War III in my life time.
legendary
Activity: 1624
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Gamble responsibly
We do not want war, we want peace.

I do not think a man can think of war to think that bitcoin price will increase more. Without war, bitcoin price has been increasing. The price was less than $1 in 2010 but now worth more than $40000 as of today.


Without war, bitcoin remain an asset of value.
hero member
Activity: 966
Merit: 620
 Whatever gave you the thought that there'd ever be a war between the US and Europe? And don't you think hell would have to freeze over before the government ever resorted to using Bitcoin? Maybe you need to wake up from this daydream of yours. We really want Bitcoin to gain ground and let the Govt give it a break but this is quite a funny way to approach it.
legendary
Activity: 2156
Merit: 1622
Have you taken the pill today? because you are really going crazy here. What US vs EU war? what for? You know they are both in NATO? You know that Europe is not a single country? What does a tank driving in france have to do with whether a bank with headquarters in new york and servers around the world is able to operate?? a nonsensical thread considering a near-zero probability scenario
member
Activity: 538
Merit: 17
So many books, so little time
If there is a war between the US and Europe, Bitcoin will hit $1 billion

Most of the world's banks, whether big or small, are located in the US and Europe, In case of war, all banks will be closed, Which will immediately benefit Bitcoin, The price of bitcoin will increase infinitely, Many banks will quickly print dollars and euros to buy cryptocurrency quickly, This will have a huge impact on Bitcoin as there will be no other source for cross-border transactions. Remember that most of the world's banks are located in the US and Europe, while 20-25% of them operate in Asia and other regions.
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